Dependence on Mitsubishi Electric Group as a Major Supplier
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2020: 22 of 72 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Our group has entered into distributor agreements and other contracts with Mitsubishi Electric Group, Kanematsu Communications Corporation, and other major suppliers.」
Reconfirmed the dependence on major suppliers, including Mitsubishi Electric Group and Kanematsu Communications Corporation, and the risk of difficulty in procurement. - FY2021RestatedAnnual report
「Our group has entered into distributor agreements and other contracts with Mitsubishi Electric Group, Kanematsu Communications Corporation, and other major suppliers. Transactions with these major suppliers have remained stable, but changes in a supplier's business strategy or difficulty in procuring products for any reason may affect our group's business performance and financial condition.」
Reconfirmed the dependence on major suppliers, including Mitsubishi Electric Group and Kanematsu Communications Corporation, and the risk of difficulty in procurement. - FY2021-Q3RestatedAnnual report
「Our company receives a 23.2% investment from Mitsubishi Electric Corporation and is an affiliate of that company.」
Restated Mitsubishi Electric Corporation's 23.2% investment and the resulting capital relationship as an affiliate. - FY2019RestatedAnnual report
「Our group has entered into distributor agreements and other contracts with Mitsubishi Electric Group, Kanematsu Communications Corporation, and other major suppliers. Transactions with these major suppliers have remained stable, but changes in a supplier's business strategy or difficulty in procuring products for any reason may affect our group's business performance and financial condition.」
Reconfirmed the dependence on major suppliers, including Mitsubishi Electric Group and Kanematsu Communications Corporation, and the risk of difficulty in procurement. - FY2018ReframedAnnual report
「Our group has entered into distributor agreements and other contracts with Mitsubishi Electric Group, Kanematsu Communications Corporation, and other major suppliers. Transactions with these major suppliers have remained stable, but changes in a supplier's business strategy or difficulty in procuring products for any reason may affect our group's business performance and financial condition.」
The description of major suppliers expanded from a focus on Mitsubishi Electric Group to multiple major suppliers, including Kanematsu Communications Corporation. - FY2016First statedAnnual report
「Mitsubishi Electric Group is our group's major supplier, and we have entered into distributor agreements and other contracts with the group.」
Changes in a supplier's business strategy or difficulty in procurement may affect business performance and financial condition.